- Cost of Living
- Venezuela
- United States
- Caracas
- Minneapolis
- Comparison
Cost of living comparison between Caracas (Venezuela) and Minneapolis (United States)
| Food | 67% | ||
|---|---|---|---|
| Food in Caracas (Venezuela) is 67% cheaper than in Minneapolis (United States) | |||
| Daily menu in the business district | Bs 87 ($3.77) | $14.85 | 75% |
| Combo meal in fast food restaurant (Big Mac Meal or similar) | Bs 73 ($3.17) | $5.90 | 46% |
| 1/2 Kg (1 lb.) of chicken breast | Bs 36 ($1.57) | $4.70 | 67% |
| 1 liter (1 qt.) of whole fat milk | Bs 13 ($0.56) | $2.21 | 75% |
| 12 eggs, large | Bs 22 ($0.93) | $2.22 | 58% |
| 1 kg (2 lb.) of tomatoes | Bs 23 ($1.01) | $4.25 | 76% |
| 500 gr (16 oz.) of local cheese | Bs 38 ($1.63) | $5.27 | 69% |
| 1 kg (2 lb.) of apples | Bs 69 ($2.99) | $4.31 | 31% |
| 2 kg (4,5 lb.) of potatoes | Bs 36 ($1.56) | $3.00 | 48% |
| 0.5 l (16 oz) beer in the supermarket | Bs 10.62 ($0.46) | $1.98 | 77% |
| 1 bottle of red table wine, good quality | Bs 125 ($5.41) | $12.19 | 56% |
| 2 liters of Coca-Cola | Bs 21 ($0.90) | $1.80 | 50% |
| bread for 2 people for 1 day | Bs 10.57 ($0.46) | $2.16 | 79% |
| Housing | 61% | ||
| Housing in Caracas (Venezuela) is 61% cheaper than in Minneapolis (United States) | |||
| monthly rent for a 85 m2 (900 Sqft) furnished apartment in expensive area of the city | Bs 13,763 ($596) | $1,247 | 52% |
| utilities 1 month (heating, electricity, gas ...) for 2 people in 85m2 flat | Bs 481 ($21) | $141 | 85% |
| Internet 8MB (1 month) | Bs 338 ($14.63) | $43 | 66% |
| 40” flat screen TV | Bs 9,800 ($424) | $593 | 28% |
| Microwave, known brand, 800/900 Watt | Bs 1,242 ($54) | $101 | 47% |
| Laundry detergent (3 l. ~ 100 oz.) | Bs 60 ($2.60) | $9.61 | 73% |
| Hourly rate for cleaning help | Bs 76 ($3.31) | $26 | 87% |
| Clothes | 19% | ||
| Clothes in Caracas (Venezuela) is 19% cheaper than in Minneapolis (United States) | |||
| 1 pair of Levis 501 | Bs 888 ($38) | $40 | 5% |
| 1 summer dress in a chain store (Zara, H&M, ...) | Bs 753 ($33) | $38 | 15% |
| 1 pair of Adidas trainers | Bs 1,300 ($56) | $72 | 21% |
| 1 pair of average business shoes | Bs 944 ($41) | $78 | 48% |
| Transportation | 79% | ||
| Transportation in Caracas (Venezuela) is 79% cheaper than in Minneapolis (United States) | |||
| Volkswagen Golf 2.0 TDI 140 CV 6 vel. (or equivalent), with no extras, new | Bs 172,400 ($7,466) | $22,685 | 67% |
| 1 liter (1/4 gallon) of gas | Bs 1.24 ($0.05) | $0.99 | 95% |
| monthly ticket public transport | Bs 221 ($9.58) | $53 | 82% |
| Taxi trip on a business day, basic tariff, 8 Km. (5 miles) | Bs 156 ($6.76) | $19.03 | 64% |
| Personal Care | 65% | ||
| Personal Care in Caracas (Venezuela) is 65% cheaper than in Minneapolis (United States) | |||
| medicine against cold for 6 days (Frenadol, Coldrex, ...) | Bs 83 ($3.59) | $8.55 | 58% |
| 1 box of 32 tampons (Tampax, OB, ...) | Bs 66 ($2.85) | $6.54 | 56% |
| Deodorant, roll-on (50ml ~ 1.5 oz.) | Bs 25 ($1.07) | $3.58 | 70% |
| Hair shampoo 2-in-1 (400 ml ~ 12 oz.) | Bs 42 ($1.80) | $4.16 | 57% |
| 4 rolls of toilet paper | Bs 25 ($1.09) | $3.48 | 69% |
| Tube of toothpaste | Bs 22 ($0.95) | $3.25 | 71% |
| Standard men's haircut in expat area of the city | Bs 111 ($4.80) | $17.67 | 73% |
| Entertainment | 67% | ||
| Entertainment in Caracas (Venezuela) is 67% cheaper than in Minneapolis (United States) | |||
| basic dinner out for two in neighborhood pub | Bs 290 ($12.56) | $39 | 68% |
| 2 tickets to the movies | Bs 119 ($5.14) | $19.26 | 73% |
| 2 tickets to the theater (best available seats) | Bs 397 ($17.20) | $148 | 88% |
| dinner out for two in Italian restaurant with wine and dessert | Bs 686 ($30) | $85 | 65% |
| 1 cocktail drink in downtown club | Bs 74 ($3.22) | $8.40 | 62% |
| Capuccino in expat area of the city | Bs 21 ($0.91) | $4.07 | 78% |
| 1 beer in neighbourhood pub | Bs 21 ($0.91) | $4.46 | 80% |
| iPod nano 16GB | Bs 2,612 ($113) | $126 | 10% |
| 1 min. of prepaid mobile tariff (no discounts or plans) | Bs 2.30 ($0.10) | $0.48 | 79% |
| 1 month of gym in business district | Bs 550 ($24) | $62 | 62% |
| 1 package of Marlboro cigarretes | Bs 33 ($1.42) | $6.44 | 78% |
| TOTAL | 66% | ||
This comparison has some inconsistent or sparse data. It already provides a reliable comparison but it is not bullet-proof. It is based on 5,141 prices entered by 398 different people.
These prices were last updated on June 18, 2013.
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Cost of living in Caracas (Venezuela) is 66% cheaper than in Minneapolis (United States)
For example, to keep the same standard of living that would require
$3,125
in Minneapolis
you would need to make just about $1,064
(Bs 24,566)
in Caracas.